that's your opinion @Glennj74 and you could be right however order books are notoriously unreliable...we've hit the .025 support 4 or 5 times and as a general rule the more times support is hit the more likely it is to break.
The reasons I think it is possible that .025 may not be the bottom is:
1. Trend is down
2. Momentum - RSI is close to turning down
3. Volatility is still medium
all 3 together suggest more pressure to the downside.
Other folks can do as they wish but I'm waiting until there is a clear change in trend before buying my next parcel
MGT
magnetite mines limited.
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Last
8.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.29M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34482 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 18585 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34482 | 0.087 |
1 | 5000 | 0.086 |
2 | 30459 | 0.085 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 18585 | 2 |
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
Last trade - 10.44am 07/08/2025 (20 minute delay) ? |
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MGT (ASX) Chart |